CoreWeave (NASDAQ:CRWV) Insider Kristen Mcveety Sells 2,100 Shares of Stock

CoreWeave Inc. (NASDAQ:CRWV) insider Kristen Mcveety sold 2,100 shares of the firm’s stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $88.03, for a total transaction of $184,863.00. Following the completion of the transaction, the insider directly owned 123,313 shares in the company, valued at approximately $10,855,243.39. The trade was a 1.67% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

CoreWeave Stock Performance

Shares of CoreWeave stock opened at $84.23 on Friday. The firm has a fifty day moving average of $87.16 and a two-hundred day moving average of $94.80. The stock has a market capitalization of $38.65 billion, a price-to-earnings ratio of -23.08 and a beta of 7.44. CoreWeave Inc. has a 52 week low of $60.55 and a 52 week high of $153.20. The company has a debt-to-equity ratio of 5.53, a quick ratio of 0.46 and a current ratio of 0.46.

CoreWeave (NASDAQ:CRWV) last posted its quarterly earnings results on Tuesday, August 11th. The company reported ($1.14) earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.52) by $0.38. CoreWeave had a negative return on equity of 47.95% and a negative net margin of 25.41%.The business had revenue of $2.58 billion for the quarter. During the same quarter in the prior year, the business earned ($0.27) earnings per share. The firm’s revenue for the quarter was up 112.5% on a year-over-year basis. As a group, equities research analysts predict that CoreWeave Inc. will post -5.19 EPS for the current year.

Analyst Ratings Changes

A number of analysts have recently commented on CRWV shares. Cantor Fitzgerald set a $176.00 price target on CoreWeave and gave the company an “overweight” rating in a research note on Wednesday, August 12th. BNP Paribas Exane initiated coverage on shares of CoreWeave in a report on Tuesday, June 2nd. They set an “outperform” rating and a $192.00 price objective for the company. Citigroup boosted their price objective on shares of CoreWeave from $142.00 to $159.00 and gave the company a “buy” rating in a report on Friday, August 14th. Roth Capital set a $145.00 target price on shares of CoreWeave in a report on Thursday, August 13th. Finally, Raymond James Financial cut shares of CoreWeave from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, July 22nd. Twenty-one analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, CoreWeave presently has a consensus rating of “Moderate Buy” and an average target price of $141.90.

Institutional Trading of CoreWeave

A number of large investors have recently bought and sold shares of the business. Parallel Advisors LLC lifted its stake in CoreWeave by 4.0% in the first quarter. Parallel Advisors LLC now owns 2,340 shares of the company’s stock valued at $181,000 after buying an additional 91 shares in the last quarter. Pathway Wealth Management LLC increased its position in shares of CoreWeave by 2.9% during the first quarter. Pathway Wealth Management LLC now owns 3,593 shares of the company’s stock worth $278,000 after acquiring an additional 100 shares in the last quarter. Azzad Asset Management Inc. ADV increased its position in shares of CoreWeave by 2.1% during the first quarter. Azzad Asset Management Inc. ADV now owns 5,020 shares of the company’s stock worth $389,000 after acquiring an additional 104 shares in the last quarter. Hazlett Burt & Watson Inc. raised its holdings in shares of CoreWeave by 34.7% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 462 shares of the company’s stock worth $33,000 after acquiring an additional 119 shares during the period. Finally, Cullen Frost Bankers Inc. lifted its position in CoreWeave by 45.8% in the 4th quarter. Cullen Frost Bankers Inc. now owns 385 shares of the company’s stock valued at $28,000 after acquiring an additional 121 shares in the last quarter.

CoreWeave News Roundup

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave is being integrated into Rescale’s AI cloud platform, extending its reach into engineering, simulation, research and development, and other enterprise workloads. The partnership could broaden customer adoption and improve utilization of CoreWeave’s GPU infrastructure. CoreWeave Enters Next Generation Engineering AI Workloads
• Positive Sentiment: Truist said NVIDIA’s reported 17% GPU price increase may not materially damage CoreWeave’s margins. Strong AI demand, customer pricing power, and contract structures could allow CoreWeave to pass through higher equipment costs, supporting the firm’s bullish outlook. NVIDIA’s GPU Price Hikes Look Bad for CoreWeave
• Neutral Sentiment: CoreWeave’s latest results showed revenue growth of 112.5% year over year to $2.58 billion, while adjusted losses were narrower than analysts expected. However, the company remains unprofitable, with analysts forecasting a full-year loss, and carries a debt-to-equity ratio of 5.53. Analyst opinions are mixed, although the consensus rating remains “Moderate Buy.”
• Negative Sentiment: CEO Michael Intrator sold 307,692 shares worth approximately $27.3 million, while CFO Nitin Agrawal sold about $488,000. The transactions were made under pre-arranged Rule 10b5-1 plans, which limits their value as a signal of current management sentiment, but the combined sales add near-term supply and investor concern. CoreWeave Insider Selling
• Negative Sentiment: Investors continue to debate whether rising GPU costs, potential future price competition among “neocloud” providers, and CoreWeave’s substantial debt will limit profitability. Those risks are particularly important because the company is investing heavily to expand capacity despite negative earnings and weak liquidity ratios.

About CoreWeave

CoreWeave is a U.S.-based provider of GPU-accelerated cloud infrastructure designed to support compute-intensive workloads such as artificial intelligence, machine learning, visual effects rendering and other high-performance computing applications. The company supplies access to large fleets of modern GPUs and complementary infrastructure that enable customers to train and deploy large models, run inference at scale, and process graphics-heavy workloads with low latency and high throughput.

CoreWeave’s product offering includes on-demand and dedicated GPU instances, bare-metal servers, private clusters and managed services tailored for enterprise and developer use.